Mar 28-2012

Just a quick note to let you know I have sold all or part of  6 positions ( of 25 ) at a net loss of $30- and raised $148,000 to invest over the next few days.

The positions impacted are XLI, IYT, VDE, IWO, RSP and FXI.

I’ll issue a full 1st quarter update just after April 1.

Richard Maurice Gore

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